INTC is due for a raise, but threw dividend growth investors a curve ball with today's announcement. I haven't figured out how I'm going to react to a loss in purchasing power yet (inflation). Many thoughts and questions are crisscrossing my mind at the moment. Should I give Intel the benefit of the doubt and more time? Are they telling me they aren't confident in their future prospects? Why even own any tech stocks at all with uncertain long term futures? Why didn't INTC give loyal shareholders at least a token boost? Is this how they treat owners? What can I replace it with?
Personally I'm not attached to Intel or any tech stock at all. Tech is the one sector I do not like. A 0% weighting is completely okay, and pretty logical from the long term perspective. I admit that I do have an attachment with certain companies such as Coca-Cola, Pepsi, Procter & Gamble, and Johnson & Johnson. It's pretty easy to imagine a scenario where these sorts of dividend champions reward investors for many, many years to come. With a company operating in a rapidly changing landscape such as technology, this blogger's simple mind doesn't know how it will play out. Uncertainty. Tech Stocks.